Century Owner Buys Extricom
Combined company to offer wide array of compounding equipment, including novel Ring Extruder.
The parent company of compounding machine builder Century Extrusion, Traverse City, Mich., has purchased a supplier of a novel machine that Century has been representing since 1998.
CPM Holdings Inc., Waterloo, Iowa, announced the purchase of Extricom Batch Extruder & Components, a German machine builder that developed the multi-screw Ring Extruder for compounding high-viscosity materials. The Ring Extruder debuted at K 1998, and was introduced by 3+ Extruder GmbH, at the time an Extricom sister company. The unique machine can be furnished with three to 12 screws that co-rotate around a static core, which distinguishes it from more traditional planetary extruders. Extricom also supplies twin-screw extruder replacement parts. Century licensed the Ring Extruder technology and has been selling the machine since then.
"The merger of twin-screw and Ring Extruder technologies offers customers the widest portfolio of compounding equipment and parts in the world," says Charlie Spearing, g.m. of global twin-screw operations. Adds Markus Blach, former owner of Extricom who will remain with the company, "We our expanded portfolio of compounding equipment and world-class process and applications group, we will deliver highly innovative solutions to a wide array of applications."
CPM did not disclose financial terms of the transaction. CPM also owns Ruiya Extrusion of China.
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